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Bitget takes a legal action on the future Foxel manipulation

Crypto Exchange Bitget has announced a legal action against eight accounts claimed to be involved in the Voxel Futures price. The platform claims that these accounts gained more than $ 20 million during an abnormal commercial activity on April 20, 2025.

The Chinese Operations Director, Xie Jiayin, revealed on X (previously on Twitter) that messages from the company’s lawyers will be sent to the accused traders. She assured other users that if they withdraw the money naturally on April 20, they will not be affected.

The accident started when Bitget discovered an extraordinary activity on the future trading pair. Bitget trading volume exceeded $ 12 billion, which has much exceeded the activity on the largest stock exchanges such as Binance. As a result, Bitget has temporarily froze some accounts and a retreat from irregular deals to protect the market justice.

Bitget confirms users and Airdrop plans

Bitget Grace Chen CEO confirmed to the media house that suspicious deals were among the individual market participants, not related to the same platform. She also assured the users that their money remained safe and there was no loss at the platform level.

Bitget continues to investigate the cause of the accident. Some community members suggest a mistake in the market maker’s robot that can lead to a huge trading volume. It is claimed that opportunistic merchants discovered the defect and made the major high bets to exploit.

Voxel, the distinctive symbol, belongs to Voxies, which is the free RPG tactical game, which was built on ethereum Blockchain.bitget Places 100 % of the recovered money for affected users. Jiaain said that the detailed incident report is still suspended.

This incident reflects a similar event Decentralization HyperLELELIKUID in March, where the user took advantage of the filtering rules linked to the symbol of Jelly, which holds $ 6.26 million. After that, Hyperiraviid deleted the affected future contract.

Bitget proactive measures emphasize the increasing importance of strong supervision in the advanced rapid encryption derivative market.

The news of the encryption was highlighted today:

US SEC Agree

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